Dallas-based Lone Star Funds has launched a new vehicle to invest in U.S. single-family residential mortgage loans, according to an SEC filing dated Dec. 17.
The fund is known as Lone Star Residential Mortgage Fund III. A fundraising target was not disclosed in the filing.
Lone Star advises funds that invest globally in real estate, equity, credit, and other financial assets, according to the firm’s website. Since the establishment of its first fund in 1995, Lone Star has organized 21 private-equity funds with more than $85 billion of capital commitments.
For more fund information, click here for IREI.Q.
